Porsche Automobil (ETR:PAH3) Shares Up 0.6% – Still a Buy?

Shares of Porsche Automobil Holding SE (ETR:PAH3Get Free Report) were up 0.6% during trading on Wednesday . The company traded as high as €38.01 ($40.87) and last traded at €37.70 ($40.54). Approximately 459,916 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 502,739 shares. The stock had previously closed at €37.49 ($40.31).

Porsche Automobil Price Performance

The stock’s 50-day moving average price is €37.69 and its 200 day moving average price is €37.55. The firm has a market capitalization of $12.03 billion, a PE ratio of 3.17, a price-to-earnings-growth ratio of 2.65 and a beta of 1.31.

Porsche Automobil Company Profile

(Get Free Report)

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.

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